The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming experience, and offers various features that can boost your trading to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy to check how many trades were opened and closed in addition to its net profits, the percentage of profit, maximum drawdown, and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can help you make the most of your trading strategy.